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Insight: IT firms have rarely traded at lower valuations, time to rethink

Most Indian companies have not yet adapted to the cloud; to artificial intelligence; and to business models like software as a service

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It Firms

Devangshu Datta 



software
Photo: Shutterstock
Devangshu Datta

For almost two decades, the information technology (IT) sector has been the traditional hedge when the rupee is under stress. It has always been a high-growth play on the US economy (and to a lesser extent on Europe and other First World economies). But, there are fears that relationship is breaking down.

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First Published: Tue, December 13 2016. 23:51 IST

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